Germany Takes Back Gold: US Dollar Collapsing

Like Germany, hugo chavez asked for venezuala's gold back also not to long ago...
quadaffi was offed because he was going to begin minting gold denars..
much like the four US presidents who were going to creat legal real money
i wonder what happened to his gold..and Iraq's gold..and afghanistan's opium gold..

Major wars have been fought over less. A country steals your 200 billion dollars - a good reason to attack America.. you betcha.

But this time the American citizens will help Germany win in the name of justice. No American serviceman will defend against this justified attack
when ordered to by our corrupt Government. If they do they will be traitors and shot as such by the true Americans.

But what America will do is say, The Federal Reserve is not a government agency and is a private company who did not act in the best interest of the
USA. I wonder is the US government can sue the Fed.

While they tried to minimize the importance of the move at the Bundesbank, repatriating gold is a clear indication of public loss of confidence on
foreign central banks and the integrity of the monetary union.

The original coverage from the AP indicated the total of the gold being moved from the US AND France is $36 billion, not the $200 billion from
US claimed in the opening post.

Also, FXstreet shows the dollar on a bit of a rise over the past three days.

Smells like hoax from a fringe site that benefits from gold hysteria.

Yeh, I believe you are correct cause 200 billion works out to all of the gold held by the federal reserve for Germany, which is about 3400 tons. So 36
billion seems about right! Which is about 18% of the gold held!
I don't expect the feds to hand this over though. At least not all at once. These deposits of tangible assets are
some of the only financial leverage the US has on these countries!

Just had a terrible thought, what if our own US Government does not take away our gold but allows other countries or the UN to come in and confiscate
it from us? This would be an excellent reason for them to try and disarm the good citizens before such an act.

Think about it, the people they are targeting to hand over the guns are generally good law abiding citizens, and ones that are most likely to hold
physical gold, silver, platinum and the likes.

Originally posted by antar
Just had a terrible thought, what if our own US Government does not take away our gold but allows other countries or the UN to come in and confiscate
it from us? This would be an excellent reason for them to try and disarm the good citizens before such an act.

Think about it, the people they are targeting to hand over the guns are generally good law abiding citizens, and ones that are most likely to hold
physical gold, silver, platinum and the likes.

That would be a huge mistake on their part. They will never get the guns!

$220Bn is chump-change. The real worry starts when China dumps USD and decides to stop bankrolling US Debt. Then you'll hear a great sucking sound
as trillions of USD evaporate. And before that (or perhaps after), OPEC will soon decide that they will no longer require USD to trade oil. Then the
# really hits the fan as gas goes to $25/ga overnight.

$220Bn is chump-change. The real worry starts when China dumps USD and decides to stop bankrolling US Debt. Then you'll hear a great sucking sound
as trillions of USD evaporate. And before that (or perhaps after), OPEC will soon decide that they will no longer require USD to trade oil. Then the
# really hits the fan as gas goes to $25/ga overnight.

You're a little behind the curve China has already stopped bankrolling US debt. As for dumping the dollars they do have since on one else wants then
they are using them to buy oil till they can get rid of as many as possible. Iran has already started selling oil in yaun so it's just a matter of
time.

$220Bn is chump-change. The real worry starts when China dumps USD and decides to stop bankrolling US Debt. Then you'll hear a great sucking sound
as trillions of USD evaporate. And before that (or perhaps after), OPEC will soon decide that they will no longer require USD to trade oil. Then the
# really hits the fan as gas goes to $25/ga overnight.

You're a little behind the curve China has already stopped bankrolling US debt. As for dumping the dollars they do have since on one else wants then
they are using them to buy oil till they can get rid of as many as possible. Iran has already started selling oil in yaun so it's just a matter of
time.

"As for dumping the dollars they do have since on one else wants then they are using them to buy oil till they can get rid of as many as possible,"
is a sentence with no meaning.

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